Iran keen to develop further gas

Iran is discussing gas export options with its neighbors, according to a report by Iranian news service Shana.

Offshore staff

TEHRAN -- Iran is discussing gas export options with its neighbors, according to a report by Iranian news service Shana.

Mahmood Zirakchianzadeh, managing director of National Iranian Offshore Oil Co. (NIOOC), said topics included gas volumes, a pricing model, and investment means.

“Development of gas fields in the Persian Gulf is one of our top priorities and the gas produced from the fields will be exported to the Persian Gulf region countries in addition to meeting the [Iran’s] domestic needs.”

He added that contracts for developing some of these fields would be signed in the near future.

Zirakchianzadeh said NIOOC planned to extract further gas equivalent to 10 phases of the giant South Pars field. In addition to South Pars, North Pars, Golshan, and Ferdosi, he cited other reserves in the Persian Gulf at the Kish, Lavan, and Farzad B fields, along with associated gas at the Balal, Salman, and Reshadat oil fields.

In-place reserves offshore Iran are around 170 tcm (6,000 tcf) and proven oil reserves are at 94 Bbbl, Zirakchianzadeh says.

11/10/2010

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